Sykes And Ray Equities Open An Account Button
SRE India Mobile Trading App Download Promotion
Sykes And Ray Equities India Start SIP Investment Visual
Sykes And Ray Equities India Start Trading Online Visual

Markets

Market Nav

News Details

19/05/2026 18:40

Dredging Corpn. Q4 net profit zooms 306.12% at Rs 86.91 cr

The company reported standalone net profit of Rs 86.91 crore for the quarter ended March 31, 2026 as compared to Rs 21.40 crore in the same period last year, registering a year-on-year growth of 306.12 per cent.

Net revenue of the company rose marginally by 3.42 per cent at Rs 478.23 crore in January-March quarter of this fiscal as against Rs 462.41 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 13.08 per cent to Rs 335.28 crore from Rs 385.73 crore in year ago period.

Other Income dipped by 4.55 per cent at Rs 1.89 crore versus (Mar'25 Rs 1.98 crore).

Operating Profit surged by 86.45 per cent to Rs 142.95 crore as against Rs 76.67 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 80.28 per cent in March quarter.

Interest grew by 40.16 per cent y-o-y to Rs 23.94 crore, while Taxation increased by 286.21 per cent at Rs 0.54 crore (Mar'25 Rs -0.29 crore).